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Do Natural Disasters Enhance Societal Trust?

Toya, Hideki; Skidmore, Mark - CESifo - 2012

In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body … determinants of social capital in general, and trust in particular. We present new cross-country and panel data evidence of another … important determinant of trust—the frequency of natural disasters. Frequent naturally occurring events such as storms require …

Persistent link: https://www.econbiz.de/10010877834

Cross-Racial Envy and Underinvestment in South Africa

Haile, Daniel; Sadrieh, Abdolkarim; Verbon, Harrie A. A - CESifo - 2006

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa … significantly affects individual trust behaviour. The low income subjects from both racial groups invest significantly less in …

Persistent link: https://www.econbiz.de/10005766054

Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West

Azarnert, Leonid V. - CESifo - 2010

I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous low-skilled workers lose from unskilled...

Persistent link: https://www.econbiz.de/10008583706

Iceland: How Could This Happen?

Gylfason, Thorvaldur - CESifo - 2014

This paper reviews economic developments in Iceland following its financial collapse in 2008, focusing on causes and consequences of the crash. The review is presented in the context of the Nordic region, with broad comparisons also with developments elsewhere on the periphery of Europe, in...

Persistent link: https://www.econbiz.de/10010877635

The Historical Roots of Corruption and Economic Development in Italy

Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2013

We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...

Persistent link: https://www.econbiz.de/10010641421

Social Capital and Collusion: The Case of Merchant Guilds

Dessí, Roberta; Olgivie, Sheilagh - CESifo - 2003

Merchant guilds have been portrayed as “social networks“ that generated beneficial “social capital“ by sustaining shared norms, effectively transmitting information, and successfully undertaking collective action. This social capital, it is claimed, benefited society as a whole by...

Persistent link: https://www.econbiz.de/10005765797

The Compensating Income Variation of Social Capital

Groot, Wim; Brink, Henriette Maassen van den; Praag, … - CESifo - 2007

trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the …

Persistent link: https://www.econbiz.de/10005094211

Optimal Policy Towards Families with Different Amounts of Social Capital, in the Presence of Asymmetric Information and Stochastic Fertility

Cigno, Alessandro; Luporini, Annalisa - CESifo - 2006

We examine the effects of differences in social capital on first and second best transfers to families with children, in an asymmetric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...

Persistent link: https://www.econbiz.de/10005181449

Guilds, Efficiency, and Social Capital: Evidence from German Proto-Industry

Ogilvie, Sheilagh - CESifo - 2002

This paper analyzes an early modern German economy to test alternative theories about guilds. It finds little evidence to support recent hypotheses arguing that guilds corrected market failures relating to product quality, training, and innovation. But it finds that guilds were social networks...

Persistent link: https://www.econbiz.de/10005405799

Surfing Alone? The Internet and Social Capital: Evidence from an Unforeseeable Technological Mistake

Bauernschuster, Stefan; Falck, Oliver; Woessmann, Ludger - CESifo - 2011

Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging unique telecommunication data with geo-coded German individual-level data, we investigate how broadband Internet affects several dimensions of social capital. One...

Persistent link: https://www.econbiz.de/10009024847